Globus Spirits Ltd
🚀 Globus Spirits Ltd: Expansion Plans & Strong Growth Trajectory
- Standalone revenue for H1 FY26: ₹1,360 crores (+6% YoY).
- EBITDA for H1 FY26: ₹123 crores (+47% YoY), margins at 9%.
- Prestige & Above (P&A) category revenue surged 55% YoY to ₹80 crores in H1 FY26.
- P&A now contributes over 15% of total consumer revenues (up from <5% in H1 FY23).
- Regular & Others category revenue grew 5% YoY to ₹444 crores, with 17% EBITDA margins.
- UP distillery to start operations in Q3 FY26, boosting future capacity.
- P&A expansion planned from 10 to 17 states, including CSD (Canteen Stores Department).
- FY29 target: ₹2,200+ crores in consumer revenue with 17%+ margins (25% from P&A).
- New product launches: DOAAB Expression 02 & luxury Terai Vodka.
- Manufacturing margins improved to ₹5.4/litre (vs. ₹2/litre in H1 FY21).
- Delhi excise policy amendment by April 2026 may unlock premium segment opportunities.
- Exploring Tequila category; Carib Beer expansion planned beyond UP.